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Wesley Corp. stock is trading for $29 per share. Wesley has 23 million shares outstanding and a market debt-equity ratio of 0.44. Wesley's debt is

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Wesley Corp. stock is trading for $29 per share. Wesley has 23 million shares outstanding and a market debt-equity ratio of 0.44. Wesley's debt is zero-coupon debt with a 5-year maturity and a yield to maturity of 10%. a. Describe Wesley's equity as a call option. What is the maturity of the call option? What is the market value of the asset underlying this call option? What is the strike price of this call option? b. Describe Wesley's debt using a call option c. Describe Wesley's debt using a put option. a. Describe Wesley's equity as a call option. What is the maturity of the call option? What is the market value of the asset underlying this call option? What is the strike price of this call option? The maturity of the call option is years. (Round to the nearest integer.) The market value of the asset underlying this call option is 5 million (Round to two decimal places.) The strike price of this call option is $ million. (Round to two decimal places.) b. Describe Wesley's debt using a call option. (Select from the drop-down menus.) the firm's assets and van equity option with a strike price equal to $million. (Round to two decimal places.) c. Describe Wesley's debt using a put option. (Select from the drop-down menus.) risk-free debt with a -year maturity and $ million face value and a option on Wesley's assets with a year maturity and a strike price of million. (Round to two decimal places.) Wesley Corp. stock is trading for $29 per share. Wesley has 23 million shares outstanding and a market debt-equity ratio of 0.44. Wesley's debt is zero-coupon debt with a 5-year maturity and a yield to maturity of 10%. a. Describe Wesley's equity as a call option. What is the maturity of the call option? What is the market value of the asset underlying this call option? What is the strike price of this call option? b. Describe Wesley's debt using a call option c. Describe Wesley's debt using a put option. a. Describe Wesley's equity as a call option. What is the maturity of the call option? What is the market value of the asset underlying this call option? What is the strike price of this call option? The maturity of the call option is years. (Round to the nearest integer.) The market value of the asset underlying this call option is 5 million (Round to two decimal places.) The strike price of this call option is $ million. (Round to two decimal places.) b. Describe Wesley's debt using a call option. (Select from the drop-down menus.) the firm's assets and van equity option with a strike price equal to $million. (Round to two decimal places.) c. Describe Wesley's debt using a put option. (Select from the drop-down menus.) risk-free debt with a -year maturity and $ million face value and a option on Wesley's assets with a year maturity and a strike price of million. (Round to two decimal places.)

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